934 Townsite Rd | $549,900
Ron Williams Agent Photo
Ron
Williams
P. (250) 245-2252
Phone Ron
ROYAL LEPAGE NANAIMO REALTY LD
410a 1st Ave., Po Box 1300
Ladysmith, BC
Canada V9G 1A9

Details

%
Years (35 year max)
Years



Address 934 Townsite Rd
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$549,900
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space1360 Square Feet
Lot Size6510.00 Square Feet
WaterfrontNo
Year Built1953
Taxes $3,443
Tax Year2023
MLS® #978599

Attention Investors! Here's your chance to seize a prime redevelopment opportunity in central Nanaimo. This 6510 sqft flat lot boasts dual road frontages and is serviced with water, sewer, and natural gas, setting the stage for a variety of development possibilities. Currently generating $1900/month in rental income with a potential for $2850-$3200/month ( bachelor suite is vacant ), this property offers financial flexibility while you plan your next move or is ideal for first-time buyers with some TLC and good long term holding value with two road frontages and flat land. The rancher-style home features 3 bedrooms, 2 bathrooms, a laundry room, a sunroom, and a separate 1 bed, 1 bath suite that can easily be integrated. Additional perks include a 5'9" basement for storage, recent updates such as new floors, paint, and bathroom fixtures, plus a roof approximately 10-15 years old. Parking is abundant with space for cars or RVs, and there's potential to add a workshop or detached garage with access from Eberts Street. Located within minutes of Nanaimo Hospital, Vancouver Island University, Departure Bay Beach/Ferries, and other key amenities, this property promises both convenience and growth potential. Don't miss out on this rare opportunity to capitalize on Nanaimo's real estate market! All measurements are approximate and should be verified if important.


Listed by RE/MAX OF NANAIMO


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About

Ron Williams & Greg Buchanan have lived in and been involved in the Nanaimo-Ladysmith communities for over 90 years and have been licensed REALTORS® for over 52 years combined. We believe that buying or selling a home is one of life’s biggest adventures and we are passionate about using our skills to make that experience satisfying and rewarding for you. As REALTORS, we strive to build our careers on honesty and integrity. We are committed to working hard to ensure our clients’ best interests are always served. As long-term local residents, we have gained valuable knowledge that will be a benefit to our clients. We have helped clients buy and sell hundreds of properties and will put this expertise to work for you. We understand that no two clients are the same and we are committed to listening to your needs and tailoring our approach to meet them. To ensure that you understand every step of the process, we will effectively communicate with you which eliminates stress and confusion. As your REALTOR, we will be a valuable resource in connecting you to building inspectors, mortgage brokers, lawyers and notaries, contractors, and other professionals. Thank you for allowing us to present ourselves to you. We are excited about the opportunity to serve you in your real estate needs. You can contact us anytime through the office. We are at your service. We promise to work extremely hard for you in buying or selling property. We have hundreds of satisfied repeat customers, both buyers and sellers. We look forward to the opportunity for working for you.